This song was written by Hezekia Jenkins and recorded in 1931 for Columbia records. It seems to have been co-written with someone named “Cumby.” Jenkins worked Vaudeville and minstrel shows as a solo and with various partners through the teens and twenties. The Depression seems to have ended his vaudeville career. In fact this song was likely his last recording-only 649 copies were pressed. As much as “No Depression” offers a religious impression of the Depression, Panic Is On offers a secular version.